HKEX lines up rupee futures

Hong Kong Exchanges and Clearing is planning to launch Indian rupee currency futures in the fourth quarter of this year.

By GlobalCapital

03 Sep 2019

HKEX revealed it would introduce new futures contracts on the rupee linked to both the dollar and Chinese renminbi. The INR/USD and INR/CNH currency futures will both trade in Hong Kong, with HKEX describing the latter contract as a global first.